How It Works

This topic covers mechanics: how a new token is priced on a launchpad, when it counts as graduated, where the money goes after graduation, and why most tokens stall halfway. Understanding these is what makes every number in our reports readable. It also helps you spot claims that exploit the mechanics to create an illusion, such as presenting “graduated” as safe or curve progress as popularity. Each guide follows the official documentation as closely as possible, and anything the platforms have not published is marked as such.